Repsol News

(Photo: MODEC)

TechnipFMC Wins Subsea Contract off Brazil

Brazil.The field will be connected to the floating production storage and offloading unit (FPSO) Cidade de Caraguatatuba, already in operation.The deal was awarded by Total E&P do Brasil Ltda., on behalf of the Lapa Field Consortium, comprised of Total (35%), Shell Brasil Petróleo Ltda. (30%), Repsol Sinopec Brasil S.A. (25%) and Petróleo Brasileiro S.A. - Petrobras (10%), and is worth between $75 million and $250 million, TechnipFMC said.Arnaud Piéton, President Subsea at TechnipFMC, commented: “We are honored to be selected to execute the Lapa pre-salt field project in Brazil

(Photo: Fugro)

Fugro Reports IRM Bump

Fugro said it has attracted seven new clients for its inspection, repair and maintenance (IRM) services in the U.K. North Sea.Recent work includes pipeline and structure inspections for Centrica Storage, Chrysaor, Dana, Petrofac, Premier, Repsol and Spirit Energy, the company said Tuesday. Workscopes also include light repair and maintenance and decommissioning, utilizing Fugro’s multi-role vessels and broad in-house environmental, geotechnical and geophysical expertise.Karl Daly, Fugro’s European IRM Service Line Director, commented, “In this competitive market, we are extremely

John Warrender (Decom North Sea)

Decom North Sea Names Warrender as Chief Executive

advisor to the industry, applying his specific expertise in corporate governance and performance improvement, Warrender spent over 20 years with ConocoPhillips in a range of technical and leadership positions, latterly as General Manager, Upstream Gas Assets in the UKCS, before joining the Board of Repsol Sinopec as MD for Sinopec’s UK subsidiary during a critical transformative phase for that company. He also served on the OGA Regional Development and Infrastructure Board and is currently a member of the Asset Stewardship Task Force

Photo: Proserv

Proserv Secures $5.5 Mln Repsol Contract

Energy services company Proserv has secured a contract worth over $5.5 million (45 million Norwegian Kroner) with Repsol to upgrade and build new subsea production control equipment for the Yme field redevelopment in the Norwegian North Sea. The award scope initially covers the refurbishment and upgrade of the existing subsea control system.  Using Proserv’s unique technology and expertise, the life of the existing equipment will be extended significantly beyond its original design life, with no compromise on functionality.  The entire subsea control system will be upgraded

Exxon's Big Bet on Brazil Oil Could Signal Major Pre-salt Role

urgency to replenish its resources base," analysts at Tudor, Pickering Holt & Co said on Thursday, adding that the Campos Basin deal was a bullish sign for Brazil's pre-salt block auctions.   Wednesday's record bid was around 5 times as much as the nearest one from Royal Dutch Shell and Repsol. Petrobras said it had information that some of the Campos blocks had high-potential pre-salt reserves.   Before the auction, Exxon was among the few oil majors without an exploration presence in Brazil's recently discovered large offshore fields.   "For Exxon Mobil, a lack of

Executive Director of Well-Safe Solutions, Mark Patterson (Photo: Well-Safe Solutions)

New Player Enters the Decommissioning Market

absolutely the right time for a new entrant to invest in key assets and people to build a market-leading decommissioning company for the future.”   Patterson and Alasdair Lock are the major shareholders. Among the other industry heavy-hitters is Paul Warwick, formerly executive director for Repsol SA, executive vice president for Talisman Energy Inc. and regional president of ConocoPhillips Inc.   Warwick added, “From an operator’s perspective, Well-Safe’s offering will be highly compelling. There is no better time for a new entrant to invest in key assets and people

Mexico Auctions Two-thirds of Blocks in Shallow Water Oil Tender

monopoly of state oil company Pemex.   The Mexican state firm won two blocks in Monday's bidding - one in consortium with Germany's Deutsche Erdoel AG, and another with Ecopetrol. The Colombian firm also won a block with PC Carigali, a unit of Malaysian oil firm Petronas.   Spain's Repsol combined with the company Sierra Perote to win another block in the southern Gulf of Mexico.   Top government officials told Reuters before the auction they were hopeful that Mexico would assign at least one-third to 40 percent of the blocks in the shallow water round.   The auction

Yard Photo courtesy SapuraKencana

SapuraKencana Bags Contracts of RM 1.34 bln

jacket, foundation piles and bridge structure between BNCPP-B to BNG-B. The work location is in East Malaysia and the contract is scheduled to commence in Q1 2017. Award of Provision of Transportation and Installation of Pipeline, Substructure and Topside for Bunga Pakma Development Project by Repsol Oil & Gas Malaysia Limited SKTLO has been awarded a contract by Repsol Oil & Gas Malaysia Limited (formerly known as Talisman Malaysia Limited) for the provision of transportation and installation of pipeline, substance and topside for Bunga Pakma Development Project. The project comprises

Memorandum of understanding signed on October 24 by our CEO Pedro Parente and Total CEO Patrick Pouyanné. Photo Petrobras

Petrobras, Total ink Strategic Alliance Deal

we own a 100 percent interest. The Berbigão, Sururu, and West of Atapu fields are expected to sign Individualization of Production Agreements (unitization) with this transfer of rights area. Petrobras holds 45 percent stakes and are the operators of the Lapa field. Shell, with 30 percent, and Repsol, with 25 percent stakes, are partners in this field, which is part of the BM-S-9 Block. The Lapa field development is at an advanced stage, with production going on stream recently, as announced on December 20, and has distinct geological and oil quality characteristics from other fields of the pre-salt

Petrobras Starts production in Santos Basin

2,140 m, and has capacity to process 100,000 barrels of oil and compress 5 million m3 of gas per day. It is connected to production well 7-LPA-1D. The Lapa field is located in the BM-S- 9 concession, run by Petrobras (45%), in partnership with Royal Dutch Shell subsidiary BG E&P Brasil (30%) and Repsol Sinopec Brasil (25%). Pre-salt output on the up and up The Lapa field is starting production at a time of significant growth in pre-salt output. Petrobras now runs pre-salt facilities that already produce over 1.2 million barrels a day and in November output peaked to over a billion barrels of

Polarcus Awarded Broadband 3D Project Offshore Morocco

Polarcus Limited announced that it has received a Letter of Intent from Repsol for a broadband 3D survey offshore Morocco to commence in the third quarter of 2016.

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